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Tepid trade on Dalal Street; financials higher but IT stocks cap gains

Finance

25 May, 2022

Tepid trade on Dalal Street; financials higher but IT stocks cap gains

Markets shed early gains to trade flat on Wednesday, as losses in technology stocks partially offset strength in banks and ......

Ronojoy Dutta quits no-frills carrier IndiGo as chief executive

People

18 May, 2022

Ronojoy Dutta quits no-frills carrier IndiGo as chief executive

InterGlobe Aviation-operated IndiGo on Wednesday said Ronojoy Dutta has stepped down as the airline’s chief executive officer effective September 30, ......

Bulls in driving seat for third session, financials tech stocks lead uptick

Finance

18 May, 2022

Bulls in driving seat for third session, financials tech stocks lead uptick

Markets rose for a third straight session in early trade on Wednesday, outperforming regional peers as investors continued to scoop ......

Indian carrier IndiGo's parent skids over 4% as co-founder quits, plans stake cut

Infrastructure

21 February, 2022

Indian carrier IndiGo's parent skids over 4% as co-founder quits, plans stake cut

Shares of InterGlobe Aviation, the parent of India's biggest airline IndiGo, dropped on Monday after one of its co-founders resigned ......

From burgers to airfare, discount offers stack up for inoculated Indians

Consumer

23 June, 2021

From burgers to airfare, discount offers stack up for inoculated Indians

Discounts on items ranging from fast food to flights are being offered by Indian firms keen to lure people to ......

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Dark clouds hanging over India Inc scatter at a faster pace

Finance

03 February, 2021

Dark clouds hanging over India Inc scatter at a faster pace

A sliding economy took a toll on India Inc before the coronavirus made things worse in April-June. Corporate results started to ......

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Dark clouds hanging over India Inc start to drift away, finally

Finance

05 November, 2020

Dark clouds hanging over India Inc start to drift away, finally

First, the sliding economy clobbered India Inc, and then the pandemic that took off in April-June made things worse.  But the ......

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WestBridge Capital pumps up PIPE bet to biggest ever

Consumer

27 October, 2020

WestBridge Capital pumps up PIPE bet to biggest ever

WestBridge Capital has expanded a PIPE bet (private investment in public equities), making it the biggest exposure in a listed ......

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Consumer firms scarred in June quarter as shoppers swerve most in pandemic

Consumer

23 September, 2020

Consumer firms scarred in June quarter as shoppers swerve most in pandemic

Nine in 10 Indian listed consumer-focussed companies recorded a decline in sales during the April-June quarter that saw the full ......

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WestBridge makes a big bet on budget carrier IndiGo

Infrastructure

12 August, 2020

WestBridge makes a big bet on budget carrier IndiGo

WestBridge Capital has made one of its single-largest investments by picking up a small stake in IndiGo, as the public ......